Case Study: Cross River Bank achieves rapid PPP scale — 198K+ loans and $6.5B+ in relief with Ocrolus

Cross River Bank leverages Ocrolus technology to become a top four PPP lender

Cross River, a single-branch community bank, faced an urgent eight-day go-live challenge to stand up a PPP lending program that could rapidly process unprecedented application volume. To meet tight timelines and verify payroll and documents at scale, Cross River partnered with Ocrolus, using Ocrolus’ document-analysis and data-extraction services to pull payroll and bank-statement data for underwriting and fraud screening.

By integrating Ocrolus with Cross River’s ARIX platform and building cross‑verification algorithms, Cross River automated roughly 50% of manual documentation work and added robust fraud controls, enabling rapid scaling. With Ocrolus’ technology as a core pillar, Cross River issued more than 198,000 PPP loans totaling over $6.5 billion—predominantly to very small businesses—while maintaining compliance and faster borrower access to funds.

Cross River

Jesse Honigberg

Technology Chief of Staff